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Fitness and Recreational Sports Centers: SBA acquisition loans in Michigan
12 SBA-financed business acquisitions in Michigan classified as Fitness and Recreational Sports Centers, FY2024–FY2026. Median loan $180K. See which lenders did them.
- Acquisitions financed
- 12
- Total approved
- $2.6M
- Median loan
- $180K
- Middle half of loans
- $88K to $210K
- Median starting rate
- 9.88%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 7 | 58% | $100K | $1.3M |
| 2 | Horizon Bank | 1 | 8% | $500K | $500K |
| 3 | Live Oak Banking Company | 1 | 8% | $267K | $267K |
| 4 | Highpoint Community Bank | 1 | 8% | $191K | $191K |
| 5 | Bank Michigan | 1 | 8% | $188K | $188K |
| 6 | Michigan Certified Development Corporation | 1 | 8% | $181K | $181K |
For comparison, the same industry nationwide: 259 loans, median $350K, median starting rate 9.50%. See Fitness and Recreational Sports Centers in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.